Harmonized Unemployment: Aged 25 and Over: All Persons for the European Union
Percent, Monthly, Seasonally Adjusted
LRHUADTTEUM156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.40
Year-over-Year Change
-5.26%
Date Range
1/1/2000 - 1/1/2020
Summary
The 'Percent, Monthly, Seasonally Adjusted' economic trend tracks the monthly change in the unemployment rate for the United States, a key indicator of labor market conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This seasonally adjusted unemployment rate series provides a reliable, timely metric of the overall health of the U.S. economy. It is closely monitored by policymakers, economists, and financial analysts to assess the strength of the job market and inform economic decision-making.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a critical input for the Federal Reserve's monetary policy decisions.
Key Facts
- The U.S. unemployment rate reached a peak of 14.7% in April 2020 during the COVID-19 pandemic.
- The lowest recorded U.S. unemployment rate was 3.5% in September 2019.
- The unemployment rate is a lagging economic indicator, typically responding to changes in overall economic conditions.
FAQs
Q: What does this economic trend measure?
A: The 'Percent, Monthly, Seasonally Adjusted' trend measures the monthly change in the unemployment rate for the United States, which represents the percentage of the labor force that is jobless.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a crucial indicator of the overall health of the labor market and the broader economy. It is closely monitored by policymakers, economists, and investors to assess economic conditions and inform decision-making.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The unemployment rate is a key input for the Federal Reserve's monetary policy decisions, as it helps the central bank evaluate the strength of the labor market and the overall economy.
Q: Are there update delays or limitations?
A: The unemployment rate data is published monthly with a slight delay, typically a few weeks after the end of the reference month.
Related Trends
Harmonized Index of Consumer Prices: Fully Administered Prices for European Union (27 Countries from 2020)
APFULLEU272020M086NEST
Harmonized Index of Consumer Prices: Meat for European Union
CP0112EUCCM086NEST
Harmonized Index of Consumer Prices: Coffee, Tea and Cocoa for Euro Area (19 Countries)
CP0121EZ19M086NEST
Harmonized Index of Consumer Prices: Insurance Connected with Transport for European Union
CP1254EUCCM086NEST
Active Population: Aged 15-64: Males for the European Union
LFAC64MAEUA647N
Harmonized Index of Consumer Prices: Alcoholic Beverages for European Union (27 Countries from 2020)
CP0210EU272020M086NEST
Citation
U.S. Federal Reserve, Percent, Monthly, Seasonally Adjusted (LRHUADTTEUM156S), retrieved from FRED.